Cisco Systems (CSCO) will raise its quarterly dividend by 11.8 percent to $0.19 per share in 2014. The company initiated a $0.06 per share quarterly dividend in 2011 and hiked its dividend every year since.
The next dividend is payable on April 23, 2014, to shareholders of record as of April 3, 2014. The ex-dividend date is April 1, 2014.
Cisco Systems, Inc. designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The Company serves customers, including businesses of all sizes, public institutions, governments and service providers.